Cineworld Group’s (CINE) “Buy” Rating Reaffirmed at UBS Group
Cineworld Group (LON:CINE)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently commented on CINE. Morgan Stanley initiated coverage on shares of Cineworld Group in a research note on Wednesday, November 13th. They issued an “underweight” rating and a GBX 200 ($2.61) price target for the company. Royal Bank of Canada reiterated a “top pick” rating and issued a GBX 300 ($3.92) price target (down previously from GBX 400 ($5.23)) on shares of Cineworld Group in a research note on Tuesday, November 26th. HSBC cut their price target on shares of Cineworld Group from GBX 380 ($4.97) to GBX 360 ($4.70) and set a “buy” rating for the company in a research note on Tuesday, November 26th. Goldman Sachs Group cut their target price on shares of Cineworld Group from GBX 315 ($4.12) to GBX 295 ($3.85) and set a “buy” rating for the company in a research note on Monday, November 18th. Finally, Canaccord Genuity cut their target price on shares of Cineworld Group from GBX 355 ($4.64) to GBX 270 ($3.53) and set a “buy” rating for the company in a research note on Friday. One analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 330.92 ($4.32).
Shares of CINE stock opened at GBX 211.80 ($2.77) on Tuesday. The stock has a market cap of $2.82 billion and a P/E ratio of 10.64. The company has a debt-to-equity ratio of 219.99, a current ratio of 0.39 and a quick ratio of 0.37. The company has a fifty day moving average price of GBX 215.22 and a two-hundred day moving average price of GBX 243.05. Cineworld Group has a one year low of GBX 190.70 ($2.49) and a one year high of GBX 322.30 ($4.21).
Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.
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